Scaling a business is an exciting yet challenging phase. According to the U.S. Small Business Administration, about 20% of small businesses fail in their first year, and nearly 50% do not survive beyond five years. This guide highlights common mistakes to avoid when scaling a business, offering insights for automating processes and creating scalable operations.…
Expense Category Estimated Cost (AED) Details Basic Setup Costs 23,000 – 25,000 Initial setup expenses for licenses, permits, and administrative fees Securing a Location 20,000 – 40,000 Renting commercial space (cost depends on size and location) Kitchen Equipment 20,000 – 50,000 Essential kitchen appliances like ovens, refrigerators, freezers, cooking ranges, and smaller tools Staffing Costs…
Emirates Free Zone Name Cost of Trade License Why it is Special? Dubai Meydan Free Zone (without visa) AED 12,500 Easy networking Dubai Dubai Silicon Oasis – IFZA (with visa) AED 11,900 – AED 13,000 Modern IT infrastructure Sharjah Sharjah Media City (SHAMS) AED 5,750 – AED 10,000 Creative Media Center’s Mecca Ras al Khaimah…
Category Details Cost (AED) Frequency General Cost National Media Council (NMC) License Cost 15,000 Annually Cost in Dubai NMC license fee in Dubai 15,000 Annually Cost in Sharjah NMC license fee in Sharjah 5,750 Annually Free Zone Setup Additional costs beyond the NMC license fee for complete setup including necessary visas and administrative fees Starting…
Category Item Cost (AED) Trade License Catering License 10,000 – 15,000 Trade License Food Delivery License 10,000 – 15,000 Business Registration Mainland Setup 8,000 – 10,000 Business Registration Free Zone Setup 5,000 – 15,000 Commercial Space Kitchen Rental 50,000 – 150,000 per year Commercial Space Office Space 30,000 – 60,000 per year Equipment Kitchen Equipment…
An HR consultancy business in Dubai requires an HR consultancy license, which is crucial for providing human resource consultancy services. Whether you are setting up in a free zone or on the mainland, obtaining this license is a vital step in establishing your business. The process involves applying for a trade license through the Department…
